Despite ample conjecture that another approach may be more politically palatable, the president’s top economic advisors are endorsing a market-based approach to emissions reductions as an engine for positive environmental and economic change. As part of the 2010 Economic Report of the President, the Council of Economic Advisors (CEA) suggests the president work to implement a cap-and-trade system to control greenhouse gas (GHG) emissions as a means to provide a solid economic footing to push toward a low-carbon future.
via www.rff.org
